CBO challenges Democrats' assertion that spending spree will pay for itself

 Power Line:

Democrats have promoted the “Build Back Better” Act with the absurd claim that it will pay for itself–it costs nothing! So Nancy Pelosi and Joe Biden have been nervously awaiting the Congressional Budget Office’s evaluation of the current version of the bill. The CBO may lean to the left, but it has employees who can add.

Sure enough, earlier today the CBO released an estimate that, as I read it, indicates the bill will increase the federal deficit by over $791 billion between 2022 and 2026, and $367 billion between 2022 and 2031. So much for paying for itself.

...

Democrats do not care.  They are going to try to pass the mess anyway. 

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